Do inquiries hurt your credit score?

Answer Credit inquiries made by your credit card company to monitor your account, by creditors regarding "pre-approved" offers, by a prospective employer, by you to check your own credit report, or by mul... Read More »

Top Q&A For: Do inquiries hurt your credit score

Do credit inquiries affect credit score?

Credit inquiries you initiate by applying for credit cards or other loans will negatively affect your credit score, especially if you apply for multiple lines of credit over a short period of time.... Read More »

Does applying for a credit card hurt your credit score?

Applying for a credit card grants the credit card company permission to conduct a credit inquiry. Some forms of credit inquiries, like those performed by lenders and prospective creditors, can redu... Read More »

Does it hurt your credit score to not use credit cards?

On One Hand: Not Using Credit Cards Is WiseIf you know that you don't have the money to make the monthly payments for a credit card, it's best not to use one. According to John Ulzheimer (courtesy ... Read More »

Can overdrafting hurt your credit score?

On One Hand: Overdrafts Do Not Impact Credit Score.Bank account overdrafts do not have a direct impact on an individual's credit history or score. Banking history is generally not reported to any o... Read More »